ESI is an independent institution under the Ministry of Labour and Employment, Government of India. Employee's State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian employees.
ESI Registration is mandatory for every factory and specified establishments employing ten or more permanent employees, and wages of such employees are less than Rs. 21,000/- per month.
If there is any non-compliance by an employer, such as negligence to get ESIC employer registration online or non-satisfaction of the ESI return filing procedure, he shall be liable for a fine of INR 10,000/-.
According to the government notification dated Sec 1(5) of the ESI Act, the following entities are incorporated:
1. Shops
2. Restaurants or Hotels only engaged in sales.
3. Cinemas
4. Road Motor Transport Establishments;
5. Newspaper establishments (not covered under the Factory Act)
6. Private Educational Institutions
The procedure to be followed for the registration of the ESI:
a. Form No – 1 (Employers Registration Form) must be downloaded and filled.
b. After downloading its PDF version and filling the form, it is essential to submit it directly on the website, along with the required documents.
ESI returns are to be mandatorily filed bi-annually together with the following papers:
After the registration, ESI Returns needs to be filed twice a year. The following documents are necessary for the filing of the returns:
1. Register of Attendance of the Employees
2. Form 6 – Register
3. Register of wages
4. Registration of any accidents which have occurred on the premises of the business
5. Monthly returns and challans
This Article Does Not Intend To Hurt The Sentiments Of Any Individual Community, Sect, Or Religion Etcetera. This Article Is Based Purely On The Authors Personal Views And Opinions In The Exercise Of The Fundamental Right Guaranteed Under Article 19(1)(A) And Other Related Laws Being Force In India, For The Time Being.